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A comment on Credit Card Rewards Became a $9.2B Wealth Transfer. Parent comment

Re:Credit Card Rewards Became a $9.2B Wealth Transfer by bitmasher9 on Tuesday August 25, 2026 @08:23AM (#49432744)
Most true not qualifying are either

1. People with proven bad credit.

2. People asking for a lot of money without proven good credit.

3. People asking for more specialized credit, such as lines for businesses or lines for high earners.

[ Parent | on HN ]
Re:Credit Card Rewards Became a $9.2B Wealth Transfer by Xirdus on Tuesday August 25, 2026 @09:37AM (#49433857)
The question is what percentage of overall population are 1, 2 and 3 combined, and is it big enough to warrant the perception that high reward cards are only for high earners/spenders.

My instinct says hell no, not even close.

[ Parent | on HN ]